Famous quote by Warren Buffett

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Time is the friend of the wonderful company, the enemy of the mediocre
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"Time is the friend of the wonderful company, the enemy of the mediocre"

- Warren Buffett

About this Quote

This quote shows Warren Buffett's belief that successful companies are able to endure and also adapt to the examination of time, while poorly-managed companies eventually succumb to the pressures of obsolescence as well as competition.

Buffett thinks that terrific companies have a sustainable competitive benefit which can withstand financial recessions, while mediocre companies are susceptible to market pressures as well as tend to struggle in challenging times.

He stresses the relevance of purchasing beneficial and also ingenious business that have long-term growth potential customers, instead of short-sighted organization models that prioritize short-term revenues over long-lasting worth.

Generally, Warren Buffett's quote highlights the value of time in evaluating and buying companies, and also emphasizes the critical function that strong management and a long lasting affordable benefit play in developing an effective business over the long term.

About the Author

Warren Buffett This quote is written / told by Warren Buffett somewhere between August 30, 1930 and today. He was a famous Businessman from USA. The author also have 51 other quotes.

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